FAD First Trust Multi Cap Gr AlphaDEX® ETF Forecast, Technical & Fundamental Analysis
FAD sees its Stochastic Oscillator ascending out of oversold territory
On January 03, 2025, the Stochastic Oscillator for FAD moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 61 instances where the indicator left the oversold zone. In of the 61 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FAD's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FAD advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FAD as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for FAD crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FAD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FAD entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MidCapGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TRCVX | 27.07 | 0.18 | +0.67% |
| Nuveen Large Cap Value Idx Retire | |||
| PEQUX | 14.52 | 0.07 | +0.48% |
| Putnam Focused International Equity A | |||
| OSPSX | 10.37 | 0.04 | +0.39% |
| Invesco SteelPath MLP Select 40 R6 | |||
| GCSVX | 10.69 | 0.03 | +0.28% |
| Geneva SMID Cap Growth Institutional | |||
| BIRDX | 7.93 | N/A | N/A |
| iShares Developed Real Estate Idx Instl | |||
FAD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FAD has been closely correlated with VXF. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FAD jumps, then VXF could also see price increases.